moskowitz, Author at Moskowitz LLP

Watch This Webinar About Restaurant Relief Available – How You Can Receive Benefits

Posted on March 31, 2021December 6, 2021 by moskowitz Posted in Webinar

About This Webinar The American Rescue Plan Act establishes a $28.6 billion Restaurant Revitalization Fund (RRF) available for the SBA to award eligible businesses within the food and beverage industry, as a tax-free federal grant When: Wednesday, April 7, 2021 · 03:00:00 PM · Eastern Time (US & Canada) Duration:...

November 2017 Tax Planning News from Moskowitz LLP

Posted on November 17, 2020August 26, 2022 by moskowitz Posted in Tax Planning & Compliance

Section 1: Tax Planning Section 2: PPP Loans for $50,000 or less Section 3: Donating Stock to Charities Section 4: Retirement Savings for Small Business Owners Tax Planning ‘Failing to Plan is Planning to Fail’ ~ Benjamin Franklin Franklin also wrote that “nothing is certain but death and taxes.” He...

For a Limited Time Only, Moskowitz Is Offering Year-end Tax Planning Services

Posted on November 26, 2019December 15, 2020 by moskowitz Posted in Estate Planning & Taxation, International Taxation, State & Local Taxation, Tax Planning & Compliance, Tax Services

Think the Trump Tax Cuts and Jobs Act of 2017 doesn’t matter to you? Your ignorance could be costing you lots of money. Schedule a meeting now to see if our year end planning services can reduce your 2019 tax bill. Schedule with Cliff Now Moskowitz attorneys and accountants have...

Moskowitz LLP Offers Three Free Tax Seminars This October in the San Francisco Area

Posted on September 26, 2019January 8, 2020 by moskowitz Posted in Business Law, Estate Planning & Taxation, Real Estate Law, State & Local Taxation, Tax Planning & Compliance, Tax Services

Moskowitz LLP is going to be hosting three free seminars this October! Participants will learn vital tax lessons from the Moskowitz team, drawing from their 30 years of experience helping domestic and international clients with tax challenges. You will learn: How to pay tax on only 80% of your profit,...

Artificial Intelligence Used to Combat Tax Evasion

Posted on August 5, 2019October 13, 2020 by moskowitz Posted in Tax Planning & Compliance

The IRS’ efforts to identify abusive tax schemes is now being bolstered by the use of AI. Most people don’t realize the extent to which artificial intelligence (AI) is utilized in our daily lives. Even those of us without Alexa devices and “Smart Homes” are using AI – in our...

The Pros and Cons of Health Savings Accounts

Posted on July 11, 2019June 24, 2019 by moskowitz Posted in Tax Planning & Compliance

A Health Savings Account (HSA) provide tax savings and flexibility for individuals with high-deductible health plans, but they are not without their challenges. Health Savings Accounts (HSAs) were introduced to replace medical savings accounts as part of the Prescription Drug, Improvement, and Medicare Modernization Act of 2003. At the end...

What Constitutes “willful” Failure to File an Fbar?

Posted on July 2, 2019January 26, 2021 by moskowitz Posted in International Taxation, Tax: Audits, Litigation & Collection

The willful failure to file an FBAR results in higher tax penalties than the non-willful failure to do so. But how does the IRS determine that your failure to act was “willful”? The U.S. Government’s stringent foreign bank account reporting requirements are accompanied by horribly disproportionate penalties for failure to...

The Irs Tax Whistleblower Program: Part Ii, Whistleblower Protection

Posted on June 27, 2019August 26, 2019 by moskowitz Posted in Tax Services

This is a continuation of the first post on the IRS Tax Whistleblower Program. It’s nice to be able to do good without being punished for it. For this reason, the most concerning issues for the vast majority of whistleblowers is confidentiality and protection from retaliation. In this post we...

The Irs Whistleblower Program: Part I, Whistleblower Awards

Posted on June 25, 2019August 26, 2019 by moskowitz Posted in Tax Services

The IRS is authorized to pay private citizens for information that helps it identify individuals guilty of tax evasion. In 2012, Swiss bank whistleblower Bradley Birkenfeld received a record-breaking $104 million award from the IRS for helping uncover widespread U.S. tax fraud by Swiss bank UBS and numerous wealthy Americans....

Keeping a Piece of You: Taxation of U.s. Citizens Living Abroad

Posted on June 20, 2019June 11, 2019 by moskowitz Posted in International Taxation, Tax Planning & Compliance

U.S. tax laws are relatively unique in that they require all U.S. citizens and resident aliens to file U.S. tax returns and pay U.S. taxes even if they are living abroad. In addition, even if they produce no interest, foreign accounts totaling $10,000 at any time during the year must...

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